Gas prices are soaring making it increasingly more unattainable for Australians – with Industry Minister Ed Husic telling Sky News Australia that gas companies “can either do the right
thing by the country, or they can continue to be greedy “.Treasurer Jim Chalmers said: “extraordinarily high prices for gas are smashing our local industries – particularly our manufacturers”.
Is Husic a minister? Really? FMD. We really are screwed aren’t we?
Hmm so the workers should take a cut ? The wages are a big part of the costs involved. So short sighted
The government can do the right thing too! But don’t!
Suggest edhusic look to his own greed 🤢🤢
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘It’s team Australia or team greed’: Industry Minister criticises gas companiesIndustry Minister Ed Husic has criticised Australia’s gas companies as domestic gas prices continue to rise. “All they’re doing is sucking up an Australian resource and selling it at phenomenal prices overseas and doing so in such a way that is putting pressure on manufacturers and households in this country,” Mr Husic said. “They can either do the right thing by the country or continue to be greedy. It’s team Australia or team greed.” 🤡 If they didn't export it, the investment to extract it wouldn't have happened. It's a failure of successive governments to not mandate a percentage available for Australian use. But what else would you expect from someone that's never worked in the private sector? Whatever happened to the law of supply and demand. 10 years ago, in the realm of Rudd/Gillard I had to do some investigation into a gas fired power station & 25km of 66kV power line. It was 3 years old and never been used. Why? The price of gas was too high to compete with coal. But they had a plan 🤔
Source: SkyNewsAust - 🏆 7. / 78 Read more »
‘It’s team Australia or team greed’: Industry Minister criticises gas companiesIndustry Minister Ed Husic has criticised Australia’s gas companies as domestic gas prices continue to rise. “All they’re doing is sucking up an Australian resource and selling it at phenomenal prices overseas and doing so in such a way that is putting pressure on manufacturers and households in this country,” Mr Husic said. “They can either do the right thing by the country or continue to be greedy. It’s team Australia or team greed.” 🤡 If they didn't export it, the investment to extract it wouldn't have happened. It's a failure of successive governments to not mandate a percentage available for Australian use. But what else would you expect from someone that's never worked in the private sector? Whatever happened to the law of supply and demand. 10 years ago, in the realm of Rudd/Gillard I had to do some investigation into a gas fired power station & 25km of 66kV power line. It was 3 years old and never been used. Why? The price of gas was too high to compete with coal. But they had a plan 🤔
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Chalm offensive: Treasurer puts gas companies on notice over energy pricesHigher energy costs loom as a major political risk for the federal government, which promised during the election campaign to cut power bills by $275 by 2025 | micksfoley and NickToscano1 auspol micksfoley NickToscano1 Plummeting credibility looms for compromised newspaper which promised truth, balance and defence of democracy before becoming a propaganda pamphlet for the LNP under the stewardship of Peter Costello. auspol micksfoley NickToscano1 Labour care factor is zero they keep blaming it on previous government micksfoley NickToscano1 “Chalm offensive” 🙌🏼
Source: theage - 🏆 8. / 77 Read more »
Chalm offensive: Treasurer puts gas companies on notice over energy pricesJim Chalmers says regulations aren’t working and tougher measures may be needed to tackle soaring power prices. micksfoley NickToscano1 Open more coal mines, power generators and watch the power prices come down micksfoley NickToscano1 Lol. I bet they are terrified 😂 micksfoley NickToscano1 😅
Source: smh - 🏆 6. / 80 Read more »
AWU slams ‘dud deal’ with gas companies and calls for price capsUnion leader Daniel Walton has criticised Labor for doing a “dud deal” with gas companies, saying it further threatens manufacturing. 💯 why is our MSM not banging on about the existential threat to our sovereignty that these corrupt puppet Lab Libs have got us into? This is all of our own doing - classic dumb colony. It’s our Gas, our country and our jobs and homes we need to put first the union should push Albo to sack King She is hopeless as she caves in to gas miners
Source: FinancialReview - 🏆 2. / 90 Read more »